How VEED bootstrapped to $7m ARR - Sabba Keynejad, VEED.io (2020)
Today I'm revisiting one of my favourite episodes, from 2020, with Sabba Keynejad, co-founder and CEO of VEED.io, an online video editing platform. When I interviewed Sabba, VEED were at around $2m ARR, fully bootstrapped. Since this interview, they’ve gone on to bootstrap to about $7m ARR before raising a whopping $35m series A from Sequoia. And when I first met Sabba, years before this interview, VEED was just a small product that wasn't generating any revenue. This episode is special to me because I’ve followed VEED’s journey from the start and it’s been inspiring to see.
Timestamps
- 00:00 Intro
- 02:46 VEED origins
- 03:24 Differentiation
- 03:58 Picking a market
- 04:48 Hiring and learning new skills
- 06:16 Inflection points in growth
- 07:07 Quitting your job
- 07:45 Why you should find a cofounder
- 08:41 Getting the first users
- 09:47 Free vs paid
- 11:16 Growth tactics
- 12:04 Advice to other founders
- 13:01 Recommendations
Recommendations
- Favourite indie hacker is Josh Pigford
- Best book for indie hackers; Traction
- Favourite podcast; How I Built This
My links
- Indie Bites Twitter
- Indie Bites YouTube
- Join the membership
- Personal Website
- 2 Hour Podcast Course
- PodPanda (hire me to edit your podcast)
- This Indie Life Podcast
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